Scams

Bank of Mauritius raise fraud alert on OneCoin
Scams

Bank of Mauritius raise fraud alert on OneCoin

OneCoin, the infamous Ponzi scheme marketed as a digital currency has gotten attention in Mauritius. The Bank of Mauritius has raised a fraud alert and stern warnings about the Ponzi scheme to its financial markets and its society at large. The Bank of Mauritius washed off its hands in a […]

Italy’s Competition Authority fines OneCoin EUR2.5 Million
Scams

Italy’s Competition Authority fines OneCoin EUR2.5 Million

OneCoin, the infamous pseudo-digital currency has just been fined another EUR2.5 million by Italy’s Competition Authority for carrying out deceptive promotional campaigns in the country. This is yet another hammer hitting OneCoin, a Ponzi scheme disguised as a cryptocurrency. OneCoin is owned by OneLife Network, a multi-level marketing organisation that […]

NNPC raises alert on recruitment scam
Scams

NNPC raises alert on recruitment scam

The Nigerian National Petroleum Corporation, NNPC, said a certain recruitment scam purportedly carried out by the corporation is being perpetrated on the Internet. The NNPC in a stern statement said it is dissociating the corporation from the recruitment scam and any exercise currently advertised on social media and blogs. A […]

Is Pyes international really a charity or Ponzi scheme?
Ponzi Scheme

Is Pyes international really a charity or Ponzi scheme?

Pyes International says it is a volunteer-based, non-profit charity organization that provides financial resources, services, education, training and information to people who are in need of support and to people who are seeking volunteer opportunities in our community. Promoters of Pyes international assured its investors that the platform works to […]